taxes

For once, if you are an international reader and seeing “US only” – it is a good thing.

Here in the United States, it is the beginning of tax season and Americans are scrambling to put together their invoices and submit them to the IRS (Internal Revenue Service). It can be a stressful process, in which many Americans become lost in stacks of paperwork and government forms. Luckily, Bing is here to help you out.

It would appear that Nokia isn't too keen on India these days. At least from a manufacturer's stand point. The issue at hand seems to be a hefty tax bill that has the Windows Phone OEM considering the country its "least favourable" market to operate in.

Nokia is fighting a $20 Billion rupee tax demand from the Indian Government (about $311 million U.S.). A tax burden that may have Nokia move the manufacturing of their mobile phones to China and import them to the Indian market.

Nokia released a statement today saying that it had sent a "letter of objection" to the Indian government following a January raid on its facility in Chennai over alleged back taxes totaling $545 million. The Finnish tech superpower firmly denied the allegations and said:

"The actions of the income tax authorities in Chennai are excessive, unacceptable and inconsistent with Indian standards of fair play and governance. We do not see any merit in any of the claims, and are ready to defend ourselves vigorously."